The report stated that if the 50 per cent tariff remains, retailers may need to renegotiate prices with suppliers, and Indian manufacturers will likely have to absorb a significant portion of the cost increase.
The Indian automobile industry witnessed mixed performance in August 2025 with passenger vehicle sales declining, while three-wheeler and two-wheeler segments registered growth, the Society of Indian Automobile Manufacturers (SIAM) said on Monday.
Home textile manufacturers are bracing for a 5-10 per cent decline in revenue, apart from reduction in operating profitability, as the 50 per cent tariffs imposed by the US came into effect on August 27, Crisil Ratings said in a report.
India and the European Union are working with sincerity and commitment to finalise a comprehensive and balanced Free Trade Agreement that will benefit businesses and consumers on both sides, said Union Minister of Commerce and Industry Piyush Goyal, addressing the 65th Annual Session of the
European Trade Commissioner Maros Sefcovic on Friday said that the automotive sector should be at the centre of India and the EU partnership, as he addressed the 65th Annual Session of the Automotive Components Manufacturers Association of India here in New Delhi.
Auto component industry leaders on Friday voiced optimism over the recent GST rationalisation and the free trade agreements (FTAs) the government is working on.
Indian steel manufacturers are expected to face pressure on earnings in Q2 FY26 due to falling steel prices, with average domestic Hot-Rolled Coil (HRC) prices dropping from the last quarter, according to a report by JM Financials.
New Delhi [India], September 10: In a move poised to reshape India's export ambitions, global exhibition major ITE Group is bringing its strategic international roadshow to India with two high-impact B2B showcases, in Delhi on 10th September and Mumbai on 12th September. Designed to open rea
Semiconductor equipment billings in Taiwan are expected to double this year, as manufacturers in the industry are keen to expand production to meet strong global demand for artificial intelligence applications, which represents companies in the electronics manufacturing and design supply cha
Ahead of the Diwali festival, crackers are being manufactured actively in the Sivakasi area of Virudhunagar District of Tamil Nadu. Manufacturers are introducing a variety of new crackers to attract children this Diwali season.
New Delhi [India], September 6: The AIIFA Sustainable Steel Manufacturers Association, representing over 1,800 members nationwide, has called for comprehensive reforms in standards, sustainability practices, and taxation to strengthen the resilience and global competitiveness of India's stee
BMS also expressed hope that manufacturers, insurance companies, and others will promptly pass on these benefits to the common man by lowering the prices of essential daily-use products, said Ravindra Himte, General Secretary, BMS, in a statement.